Realtor | Corey Dwan

Sotheby’s International Realty® Network Continues Strategic Growth in North Carolina

PARSIPPANY, N.J. (July 31, 2007) – Sotheby’s International Realty Affiliates LLC today announced it is furthering its strategic growth in North Carolina with the opening of two firms, Perry & Co Sotheby’s International Realty and Pinnacle Sotheby’s International Realty.

Perry & Co Sotheby’s International Realty, formerly Perry & Company Real Estate, is based in Edenton, N.C., and owned by Ann Perry. Pinnacle Sotheby’s International Realty, formerly Premier Properties, is based in Lake Lure, N.C., and owned by Thomas and Carole McKay.

“The addition of these firms to our current roster of North Carolina firms continues our strong quality growth in this key luxury market,” said Michael R. Good, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “Perry & Company Real Estate quickly has become one of the leading firms in their market, and Premier Properties has been a leader in the western North Carolina home market for almost two decades.”

The Sotheby’s International Realty network has more than 8,000 sales associates located in more than 400 offices in the U.S. and 25 other countries and territories. Perry & Co Sotheby’s International Realty and Pinnacle Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global Web site. In addition to the referral opportunities and great exposure generated from these sources, the firms will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.

Perry & Co Sotheby’s International Realty’s six sales associates provide their service and expertise to clients in Edenton County, Chowan County and the Albermarle area. The main office is located at 102 South Broad Street, Edenton, North Carolina. The phone number is (252) 482-4785.

Pinnacle Sotheby’s International Realty’s 13 sales associates provide their service and expertise to clients in the Rutherford, Henderson and Polk County regions of western North Carolina. The main office is located at 2992 Memorial Highway, Lake Lure, North Carolina. The phone number is (828) 625-9600.

About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, the world’s largest real estate franchisor, entered into a long-term strategic alliance with Sotheby’s Holdings, Inc. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.